SYZ vs. IJR
SYZ (Lazard US Systematic Small Cap Equity ETF) and IJR (iShares Core S&P Small-Cap ETF) are both Small Cap Blend Equities funds. SYZ is actively managed, while IJR is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. SYZ charges 0.60%/yr vs 0.06%/yr for IJR.
Performance
SYZ vs. IJR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYZ achieves a 19.94% return, which is significantly lower than IJR's 23.01% return.
SYZ
- 1D
- 0.20%
- 1M
- 0.30%
- 6M
- 13.08%
- YTD
- 19.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IJR
- 1D
- 0.68%
- 1M
- 3.18%
- 6M
- 14.55%
- YTD
- 23.01%
- 1Y
- 33.63%
- 3Y*
- 14.72%
- 5Y*
- 8.36%
- 10Y*
- 10.86%
SYZ vs. IJR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SYZ Lazard US Systematic Small Cap Equity ETF | 19.94% | 0.54% |
IJR iShares Core S&P Small-Cap ETF | 23.01% | 2.31% |
Correlation
The correlation between SYZ and IJR is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025 | 0.94 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SYZ vs. IJR — Risk / Return Rank
SYZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IJR
SYZ vs. IJR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard US Systematic Small Cap Equity ETF (SYZ) and iShares Core S&P Small-Cap ETF (IJR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SYZ | IJR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.89 | — |
| Martin ratioReturn relative to average drawdown | — | 13.04 | — |
Loading charts...
Drawdowns
SYZ vs. IJR - Drawdown Comparison
The maximum SYZ drawdown since its inception was -8.00%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for SYZ and IJR.
Loading charts...
Drawdown Indicators
| SYZ | IJR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.00% | -58.15% | +50.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -28.02% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.36% | — |
Current DrawdownCurrent decline from peak | -2.20% | -0.78% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -1.98% | -9.24% | +7.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.59% | — |
Volatility
SYZ vs. IJR - Volatility Comparison
Loading charts...
Volatility by Period
| SYZ | IJR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.62% | 17.41% | -0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 21.34% | -4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.62% | 22.84% | -6.22% |
SYZ vs. IJR - Expense Ratio Comparison
SYZ has a 0.60% expense ratio, which is higher than IJR's 0.06% expense ratio.
Dividends
SYZ vs. IJR - Dividend Comparison
SYZ's dividend yield for the trailing twelve months is around 0.24%, less than IJR's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJR iShares Core S&P Small-Cap ETF | 1.12% | 1.44% | 2.05% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.22% | 1.48% |
SYZ Lazard US Systematic Small Cap Equity ETF | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, SYZ and IJR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IJR is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IJR is cheaper with a 0.06% expense ratio, compared with 0.60% for SYZ.
IJR has the higher dividend yield at 1.12%, compared with 0.24% for SYZ.
They also come from different issuers: Lazard and iShares. Their fees differ too: 0.60% for SYZ and 0.06% for IJR.
Find the right allocation for SYZ and IJR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer